2

Based on the 4-hour chart for BNB/USDT,

📊 Technical Analysis:

Trend: Strong bullish momentum with higher highs and higher lows.

Price Action: BNB has broken above key resistance at ~$701 and hit a high of $765.56.

Volume: Significant uptick in volume confirms the breakout.

RSI: Currently at ~78.50 → indicates overbought territory, so a short-term pullback or consolidation is possible.

MACD: Bullish crossover, with widening distance between MACD and signal line – momentum supports further upside.

Parabolic SAR: Dots are below price → bullish continuation signal.

---

📈 Intraday Trading Signal (BNB/USDT)

✅ Entry Point(s):

Primary Entry (on breakout continuation): $740–$745

Alternative Entry (on pullback): $720–$725 (retest of breakout zone + SAR support)

🛡️ Stop-Loss Placement:

Below support level at: $705
(Protects against a false breakout or sharp correction)

🎯 Take-Profit Targets:

1. TP1: $765 (previous high)

2. TP2: $785 (next psychological resistance)

3. TP3 (extended): $800 (round-number resistance + possible breakout extension)

---

⚠️ Risk Management Tip:

Use 25–30% capital at first entry, add more on confirmation or breakout above $765.

Avoid chasing if RSI spikes further — watch for consolidation or retest setups.

#AltcoinBreakout